Ariana Resources Share Discussion Threads

[soulsauce] 13/7/2021 09:48

mcmather significant in the fact of the thickness of the VMS over which these gold and silver grades extend which should add up to a sizeable resource.

corrientes you are right, there is a very strange disconnect between the potential of this company and how it is perceived. I really do not understand the under-promotion, particularly, as I have said many many times by it's broker.

Indeed DIG3Y.

[d1g3y] 13/7/2021 09:46

It really does feel like he is now starting to pull those strings build the tension then hopefully fire the share price off into the distance

[mcmather] 13/7/2021 09:08

Re Kokkinoyia (Cyprus), the RNS mentioned “significant” 9 times. In today’s pro-active interview, KS mentioned “substantial gold associated with copper” and “substantial gold content within this zone”. The grades didn’t look overly outstanding there, but do the references to “significant” and “substantial” point to something more special?

[d1g3y] 13/7/2021 09:08

If / when PG ever get the finger out and produce a brokers note you could imagine it being like War and Peace to cover all the different aspects of the AAU business

[jaf1948] 13/7/2021 09:03

Good news again today - the result: one buy and one sell in the first hour of trading.

[soulsauce] 13/7/2021 08:52

Sounds like we will have a RNS soon regarding the production plant upgrade with lots of ore being found ready to go.
So we are currently getting 19koz p.a. It seems we should double that and more with twice the production capacity and increased grades from the likes of Kepez and Derya.

Coming of age it seems.

Name me another company valued at 55m (half of it currently in cash) that has so much potential.
Come on Kerim start kicking Panmure in the pants, they need to start trumpeting the values of this company.

[d1g3y] 13/7/2021 08:47

Well I wasn't expecting this. Got to say on first read I wasn't too impressed. However the more I think about it the more I like it. This should bring a steady stream of Jr explores to AAU to share their ideas / information. Kerim then gets to look under the hood and or even send out his team before choosing to invest on our behalf :-)I could see some getting short term cash and AAU buying into the best ones

[kaos3] 13/7/2021 08:45

great. Dr Kerim is not turning into David Lenigas or Andrew Bell thanks god. relaxed

[bigglesbingham] 13/7/2021 08:42

At this point I think you have to assume they believe that multi investment will be better suited to this type of vehicle after all of your mentioned factors have been taken into account. The nitty gritty is not for an rns it's a strategic development which has been assessed along with other options and that it what they are paid to do.

[kaos3] 13/7/2021 08:36

as I do not know much about the investments structures - why there was a need to get a fund and not do it in house as before? what is the technical reason to do it this way? as it will add another layer of costs and fees and salaries as a new "separate" entity?

[bigglesbingham] 13/7/2021 08:32

We have to be with so many developments of old and new projects with all going to plan or above expectations. The more communication the better. The six monthly production ahead expectations again. Plus the Divi.

[plasybryn] 13/7/2021 08:25

I'm very encouraged that the have received forestry permits for Tavsan. And I like the news about the revised Resource and extended life of mine at Kiziltepe. The market is I believe looking out for that reassurance.
Looks like 6 months results are due in early August and all going to plan on that front as well.
Are we getting close to a re-rating?

[dixi] 13/7/2021 08:17

Seems like a clever way to find earlier stage projects to nurture and maybe acquire?

[bigglesbingham] 13/7/2021 08:07

Don't know how this could be perceived as running out of ideas or lack of confidence. Quite the contrary, they have to have ideas for the fund to work and the confidence in their ability to add value. I see this as a vehicle simply to crystallize the value of investing in projects and companies which they have already said they are going to do with the stacks of cash they have.

[jaf1948] 13/7/2021 08:05

Good RNS and helpful interview AND he mentioned both Tavsan and Salinbas.

I look forward to reading all the press releases...

[spangle93] 13/7/2021 08:04

Around 5:30
Tavsan drilling after forestry clearance completed this month
Salinbas drilling expected in September

[plasybryn] 13/7/2021 08:04

Great to hear we got needed forestry permits for Tavsan to allow drilling but why don't they announce that in an RNS? Seems a missed opportunity. No mention on the delayed E.I.A. for Tavsan though.

[bigglesbingham] 13/7/2021 08:02

Plas Asgard invested $35k and realised $3.5m a 100 fold return which help provide money for development of kiziltepe.

[renniks2016] 13/7/2021 07:50

I like this, in fact i like this a lot, still only a small percentage of disposable cash, which won't be earning anything sat in bank. Skips around a lot of time and work by providing funding for selected few, that are no doubt in need of it and happy to have a hugely talented team on board. Good to have fingers in different pies, near term monetising of value combined with longer term prospects is a good mix in my view, will be very interesting going forward. Imho

[philby1] 13/7/2021 07:40

Interview with Kerim just up on Proactive Investors

[plasybryn] 13/7/2021 07:35

Yes a bit of a curved ball this morning, but then they have a lot of cash looking to create value and Kerim our CEO is of course currently based in Australia.
I will reserve judgment but I’d generally prefer to see our focus directed to bringing our own existing delayed (mainly due to Covid) projects into
being, like the second mine at Tavsan and the elephant in the room Salinbas/Hot Gold Corridor. Kerim seems to pulling himself in a lot of directions but I’m sure he knows what he is capable off. He’s a young man wanting to make a name for himself!
It is an interesting development and of course there is growing demand for all sorts of commodities based on the new zero carbon world!
Last time he made such an investment he more than doubled the money in under 12 months, so his track record is good.
Watch with interest.

[captainscarlet45] 13/7/2021 07:35

Any views on the Asgard Metals Fund announcement anyone?
My first reaction was a groan. AAU hiring itself out or investing in other companies seems to detract from developing it's own mining projects. Could this RNS be interpreted as AAU running out of ideas or confidence?
Hope not because I am a long term holder and definitely do believe in future prospects and management's abilities in general.

[kaos3] 13/7/2021 07:31

It is a great opportunity and not that the PALM spin off is going nowhere for some time according to the public info as some might think.

And AAU divi will not be in any way chipped